BATNA – BEST ALTERNATIVE "Don’t put all your eggs in one basket." It’s an old saying which has stood the test of time. Some of you urbanites‚ sitting in your cubicles‚ may be scratching your heads and wondering‚ ’What in the name of Hades does this mean?’ Meanwhile‚ back out there in the countryside‚ a ruddy faced farmer‚ is likely rolling his eyes and patiently explaining‚ that should you trip on the way back to the kitchen‚ eggs are no longer on the breakfast menu. To a negotiator‚ this wise
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Module Title: GM512 Business Policy and Strategic Management Assignment Topic: The House that Branson Built: Virgin’s entry into the new millennium (A CASE STUDY) Table of Contents 1. Analysis Question ……………………………………………………..……………..... 3 2. Introduction ………………………………………………………………………….... 3 2.1 Company Overview ……..………………………………………………… 3 2.2 Company Perspectives …………………….………………………………. 4 2.3 Virgin’s Business Model …………………………………………………... 4 2.4 Virgin’s Corporate
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transport‚ Iberia. This merger will face many difficulties in the near future due to unfavourable characteristics. This essay will be discussing one of the key difficulties the merger will face‚ followed by suggestions of suitable interventions. Keywords: Merger‚ Employee‚ Culture‚ Relationship‚ Training‚ Retention International Airlines Group (IAG) - Organizational Chart (Source: The Official Board website) The new entity which was formed with their collaboration is called International Airlines
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largest airline of the United Kingdom‚ has very recently signed an agreement with the Spanish airline‚ Iberia‚ for the merger of the two organisations. The merger agreement‚ when complete‚ will result in the formation of the world’s sixth largest airline‚ in terms of revenues. In Europe the merged airline will rank third in the pecking order‚ behind Air France-KLM and Lufthansa. The new company‚ valued at USD 7.5 billion‚ will be known as the International Airlines Group‚ even as both the Iberia and
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Best Alternative to a Negotiated Agreement A party’s BATNA is a measure of the balance of power among the negotiating parties based on the resources they control or can influence to respond to their interests that will be addressed in a given negotiation. “walking-in” BATNA‚ that group of resources in your pocket before negotiation begins‚ and the dynamic BATNA that changes as you gain information during the negotiation process gives you a sense of whether to undertake a negotiation and whether
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The Iberian Peninsula‚ present-day Spain and Portugal‚ was invaded by Muslim forces in 711 AD. Iberia formed a religiously tolerant society in the ancient world. Muslims‚ Jews‚ and Christians coexisted peacefully in Iberia. Al-Andalus promoted a communal relationship between the religious communities where they benefited from each other’s culture‚ and it flourished in wisdom and wealth. Iberia is considered to be a modern society as it embraced diversity‚ rationalized faith and promoted development
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- The BA Dispute from the perspective of BA management team 2.1 Introduction British Airways‚ also referred to by its shorten name BA‚ is the largest airline in the United Kingdom based on fleet size‚ international flights and international destinations. When measured by passengers they carried‚ it is second-largest in United Kingdom. The airline headquarter is in Waterside and its main hub is at London Heathrow Airport. In November 2010‚ BA put forward a proposal that it was going to reduce the
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In the summer of 2005‚ Hurricane Katrina unleashed what resulted in a widespread devastation wreaked on the city of New Orleans. New Orleans—the colorful‚ zealous Mississippi Delta city‚ home to world-renowned restaurants‚ jazz and blues’ clubs‚ and universities‚ saw many of its neighborhoods flooded‚ even washed away by Katrina’s strong waters that breached the barrier of its levees. The extent of this catastrophe has triggered fierce debate over how the city should be rebuilt; taking into
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Human Resources Management assignment on British Airways “Our concerted efforts to introduce permanent structural change across the airline has led to a reduction in non-fuel costs and a return to profitability. Revenue has increased‚ driven primarily by yield improvements and‚ while fuel costs have risen‚ they are in line with our expectations. Our focus on permanent structural change will continue. This summer we agreed a new productivity deal with our Heathrow terminal-based staff that will
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